For Sale

Popular Vehicle Repair Business

Greater Manchester

£239,950 +SAV

Ref: 2804-C I

Contact sales negotiator

Matthew Monks

01204556319

Email Matthew Monks

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Description

Hilton Smythe are delighted to welcome to the market this well-established and popular vehicle repair business in Greater Manchester.

The old established business has been in our clients’ careful ownership since 2000 and is only now being offered to the market due to our clients’ other business interests. The business operates 5½ days per week and generates a turnover in the region of £185,100 per annum, with a gross profit of approximately 42%.

Our clients offer a wide variety of motor vehicle services including repairs, servicing, new tyres, exhausts, clutches, shock absorbers and diagnostics, to name a few. All the vehicle body work repairs are sub-contracted out.

The business has built up an enviable reputation within the area for the high quality of the excellent services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by applying to be a MoT testing station, as well as offering on-site vehicle body work repairs. A new owner could also approach local companies in the area, offering to look after and service company vehicles. The business would also benefit from a modest marketing campaign to highlight the services offered.

This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Tenure

Freehold

We are advised Freehold.

Hours

The business operates:

Monday – Friday: 8.00am – 6.00pm
Saturday: 9.00am – 12.30pm
Sunday: Closed.

Staff

The business is owner run and managed with 1 x full time mechanic, 1 x apprentice and part time administrator.

Financial Profile

The business generates a turnover in the region of £185,100 per annum, with a gross profit of approximately 42%.

Location

This popular vehicle repair business occupies substantial two-storey garage with adjoining two storey storage area, ideally located within a town in Greater Manchester. The business is surrounded by densely populated residential areas, from which the business derives much of its trade. The property is just a short distance from the town centre and benefits from a good volume of footfall and passing trade. The business further benefits from free on street parking facilities to the front of the premises.

The area of the business is well-served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is approximately 3 miles away. The area is also well served by the A-roads, with two A-roads being within close proximity, which link to the national A-road and motorway networks.

Premises

Substantial two-storey garage with adjoining two storey storage premises, briefly comprising:

Main garage area with:

Approximately 28 metres x 14 meters.
Roller shutter frontage.
Concrete flooring.
1 x four post ramp.
2 x two post ramps.
1 x star lift.
Tyre bay workshop with tyre machine and wheel balancer.
20 tonne hydraulic press.
Work bench.
Mig welder.
Diagnostic equipment.
Parts storeroom, which is partly shelved.
Fully equipped main office.
Staff kitchen and WC.
Mezzanine floor which is used for storage.
Adjoining two-storey storage area.

A full inventory of equipment is available by request.

External with:

Small forecourt to front.
On-street parking.

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